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First Trust Large Cap Core AlphaDEX Fund

154 hedge funds and large institutions have $590M invested in First Trust Large Cap Core AlphaDEX Fund in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 49 increasing their positions, 53 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more capital invested

Capital invested by funds: $560M → $590M (+$29.8M)

0% more funds holding

Funds holding: 154154 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 12

8% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 53

1.04% less ownership

Funds ownership: 50.5%49.47% (-1%)

Holders
154
Holders Change
Holders Change %
0%
% of All Funds
2.68%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
12
Increased
49
Reduced
53
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$116M -$8.17M -97,072 -7%
LPL Financial
2
LPL Financial
California
$73.4M +$3.15M +37,485 +5%
Janney Montgomery Scott
3
Janney Montgomery Scott
Pennsylvania
$36.6M +$1.05M +12,453 +3%
UBS Group
4
UBS Group
Switzerland
$31.6M +$209K +2,480 +0.7%
Wells Fargo
5
Wells Fargo
California
$27.3M -$4.61M -54,750 -15%
Bank of America
6
Bank of America
North Carolina
$24.5M -$2.97M -35,276 -11%
Truist Financial
7
Truist Financial
North Carolina
$19.8M +$16.5K +196 +0.1%
Osaic Holdings
8
Osaic Holdings
Arizona
$17.4M -$1.18M -14,052 -6%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$16.7M +$47.2K +561 +0.3%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$15.2M -$378K -4,490 -2%
RJA
11
Raymond James & Associates
Florida
$15.1M +$431K +5,123 +3%
HSA
12
HBK Sorce Advisory
Pennsylvania
$12.2M -$76.5K -909 -0.6%
SPC
13
Sigma Planning Corp
Michigan
$10.1M +$799K +9,499 +9%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$8.53M -$429K -5,099 -5%
WP
15
WealthSource Partners
California
$8.31M +$1.26M +14,986 +18%
GIA
16
Gladstone Institutional Advisory
Florida
$7.41M +$5.44M +64,637 +298%
UWM
17
USAdvisors Wealth Management
Minnesota
$7.06M -$511K -6,080 -7%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$6.6M +$319K +3,790 +5%
JP Morgan Chase
19
JP Morgan Chase
New York
$5.65M +$10.2K +121 +0.2%
GVAG
20
Great Valley Advisor Group
Delaware
$5.61M +$454K +5,400 +8%
Cetera Investment Advisers
21
Cetera Investment Advisers
Illinois
$5.38M +$146K +1,741 +3%
US Bancorp
22
US Bancorp
Minnesota
$5.3M +$86.6K +1,029 +2%
PAG
23
Private Advisor Group
New Jersey
$5.25M -$129K -1,536 -2%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$5.04M +$933K +11,096 +23%
AWM
25
AE Wealth Management
Kansas
$4.7M +$3.09M +36,783 +204%

FEX Hedge Fund Activity: Q2 2021 in Review

154 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q2 2021, worth a combined $590M — up 5.3% from $560M a quarter earlier.

Fund positioning in FEX was balanced in Q2 2021: 12 funds opened new positions, 12 closed out, 49 added to existing stakes and 53 trimmed.

The largest buyer was Gladstone Institutional Advisory, adding an estimated $5.44M. The largest seller was Morgan Stanley, cutting an estimated $8.17M.

  • 154 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q2 2021, unchanged from Q1 2021.
  • Funds reported $590M of First Trust Large Cap Core AlphaDEX Fund stock for Q2 2021, up 5.3% quarter-over-quarter.
  • 12 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q2 2021 and 12 closed out, a net change of 0 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q2 2021 was Gladstone Institutional Advisory, an estimated $5.44M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q2 2021 was Morgan Stanley, an estimated $8.17M sold.

Based on aggregated 13F filings for Q2 2021.